Kraken Technology Raises $175M Series B

Kraken Technology raised $175M in a Series B round announced on July 9, 2026. Kraken designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, for military and security purposes.

Round size
$175M
Stage
Series B
Headquarters
United Kingdom
Announced
Jul 9, 2026

The company

Kraken designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, for military and security purposes.

The funding

Kraken Technology, based in London, United Kingdom, announced $175M in Series B financing on July 9, 2026.

Participants include Hico Ventures, Rheinmetall, Inocea group, British Business Bank, BOKA Capital, NATO Innovation Fund (NIF), Thesiger Capital, Digital Transformation Capital Partners (DTCP).

Where the funding goes

    Sources

    1. Tech.eu Funding Explorer
    03 / Related rounds

    Related funding rounds

    01
    Series B · Cleantech

    CuspAI

    transformational AI company building a platform for next-generation materials to tackle global sustainability and clean energy challenges.

    $450M
    02
    Series B · Fintech

    Augustus

    Augustus is the update to the AI era: an autonomous clearing bank, purpose-built around programmable money and stablecoins. Always open. Made for machines. At the speed of compute.

    $180M
    03
    Series B · Proptech

    Dwelly

    London-based property management platform acquiring and digitising independent letting agencies.

    $170M